2, SMITHS WALK, LOWESTOFT, NR33 8QN - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 SMITHS WALK is a large extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £331,724. It was last sold for £285,000 in June 2018, which was around 19% below the average June 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

2 SMITHS WALK Sold Prices

Land registry data shows one sale for 2 SMITHS WALK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 8 JUN	£285,000	£350,527	19% below HPI

What might 2 SMITHS WALK be worth now?

2 SMITHS WALK might now be worth an estimated £331,724.

This is based on house price inflation of 16.4%, between June 2018 and May 2026, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 2 SMITHS WALK of £285,000 on 8th June 2018. For the value to have increased from £285,000 to £331,724 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 2 SMITHS WALK has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SMITHS WALK has not materially changed since June 2018.

How Large is 2 SMITHS WALK?

2 SMITHS WALK is 121m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 2 SMITHS WALK lies on this distribution: 72% of detached houses are smaller than 2 SMITHS WALK, and 27% of detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 SMITHS WALK: Plot

2 SMITHS WALK sits on a plot of roughly 0.099 of an acre, or 400m².

Where is 2 SMITHS WALK?

2 SMITHS WALK is located in LOWESTOFT, in the NR33 postcode district.